Best Areas for Commercial Real Estate in St Petersburg, Florida

Looking to move your business to St. Petersburg? St. Petersburg, Florida is a charming coastal community with a quieter, more family-oriented atmosphere than Tampa, its more well-known neighbor to the Northeast.

Reasons to consider moving your business here include an opportunity to reach more families, to be closer to the beaches, to reach older residents, to be immersed in a more carefree, peaceful setting, and to tap into the area’s rich tourism, which lends itself nicely to restaurants, retail stores, shopping malls, and more.

With the aforementioned criteria, here are some of the best areas to plant your business’ roots:

1) Downtown St. Petersburg – A vibrant community of boutique shops, concert venues, independently-owned bars and restaurants, hotels, and a gorgeous waterfront, downtown St. Petersburg may cost a pretty penny when it comes to purchasing or renting retail space, but it’s worth it if you’re looking to attract the casual passer-by and walk-in customers. It also makes sense when it comes to convenience. There are a lot of law offices and other businesses down there. It does feature a new grocery store, two nearby hospitals, and the ever-growing University of South Florida St. Petersburg Campus. Commercial enterprise and residential living are both thriving.

2) Gateway – The Gateway area is quickly growing into a bustling residential community. If you’re relying on high-traffic business for a restaurant or bar, this may not be the best option, depending on where exactly you are. This area is mostly residential, featuring new, trendy condominiums and apartments, so catering to the needs of the residents in the community is a must. A nice compromise may be on 4th street North, on the outskirts of the gateway area. If you’re looking to build, this area has a LOT of untapped potential and is projected to thrive in the upcoming years. It also is the closest area to the Howard Frankland Bridge, meaning accessibility is a plus.

3) Tyrone – The Tyrone area, in Northwest St. Petersburg, provides a unique mix of suburban life with commercial businesses. You’ll find a number of reasonably-priced homes in safe neighborhoods with many schools, doctors’ offices, grocery stories, three recreation centers, churches, restaurants, a large shopping mall, a Walmart, Target, and more. It offers just about everything you need within close proximity.

4) Grand Central/Historic Kenwood – This arts and entertainment district is approximately 2 miles from the downtown St. Petersburg waterfront and is located along Central Avenue. It is adjacent to Tropicana Field, home of the Tampa Bay Rays, as well as numerous other sporting events including the Beef ‘O’ Brady’s Bowl, Under Armour High School All-America game, and the East-West Shrine Game. This area gains its appeal from being centrally located in between several neighborhoods. It’s ethnically diverse and in recent years has seen a boom in retail, condominiums/apartments, and restaurants.

Are you looking for a St Petersburg Commercial Real Estate Broker? Gulf Coast Commercial offers Tampa Commercial Property Management and helps clients find

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